Legal Counsel - Commercial & Regulatory

Posted:
8/8/2024, 5:00:00 PM

Location(s):
New South Wales, Australia ⋅ Sydney, New South Wales, Australia

Experience Level(s):
Senior

Field(s):
Legal & Compliance

Workplace Type:
Hybrid

The Company

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. 

We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.

We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards.  Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade. 

Our beliefs are the foundation for how we conduct business every day.  We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.

Job Description Summary:

Legal Counsel - Commercial and Regulatory

Job Description:

What you need to know about the role

PayPal Australia is the provider of purchase payment facilities in Australia, primarily supervised by APRA and ASIC. PayPal is looking for a fast-learning, dynamic commercial and regulatory lawyer to join our legal team.   

Based in Sydney, this position will be primarily responsible for supporting PayPal Australia’s merchant services and business development business units. The position will involve drafting and negotiating agreements ranging from professional services, development, support and supplier agreements to various customer payment services agreements, providing quick, concise and commercially focused legal advice in connection with such arrangements.

Ideally this lawyer will be well-versed in technology, licensing and financial services areas. Because the job will involve drafting, editing and writing, exceptional writing skills are an absolute necessity.

The position will also involve providing support with respect to PayPal regulatory matters and experience with advising on regulatory matters will be valuable.

Meet our team

Working in a close knit local team, you will have a proven ability to work in a matrixed environment with multiple stakeholders is essential. PayPal is a global company and the successful candidate will need to have flexibility to work with and occasionally accommodate colleagues in different time zones (particularly Europe, the United States and Asia).

Your way to impact

The ideal candidate will be a confident self-starter with strong interpersonal and organisational skills and a demonstrated ability to effectively and proactively provide sound legal advice, exercise good business judgment, work with senior management and implement policies and processes on a cross-functional basis in a fast paced environment.

To succeed in this challenging role, candidates should be mature, self-motivated and well-organised with excellent communication and problem solving skills.  Candidates should also be flexible with a global outlook and collaborative working style.

Your day-to-day will include

Having responsibility for providing legal advice to PayPal Australia’s sales teams as well as providing legal advice on adjacent regulatory matters.

This is a business facing role with regular exposure to senior stakeholders. The primary role responsibilities are:

  • Analysis, drafting and negotiation of commercial agreements (merchant agreements, marketing agreements, partnership agreements etc.)

  • Working with the PayPal US, UK, EU and Asia Legal teams on commercial deals with key PayPal suppliers and partners

  • Partnering with PayPal legal team members across our global organisation and supporting senior colleagues on a variety strategic projects, regulatory issues and legal department operational matters

  • Creating and advising on templates, policies and procedures to address new requirements

  • Providing training on relevant topics

  • Identifying productivity improvements and helping to drive and direct process changes to ensure continuing efficiency.

What do you need to bring

  • Admitted as a solicitor with at least five year’s post-admission experience gained in a law firm or as in-house counsel

  • Experience in banking, payments, financial services or fintech

  • Ability to collaborate with senior management and cross functional stakeholders

  • Confident self-starter with a keen attention for detail and an ability to manage multiple tasks and projects simultaneously.

  • Creative thinker with strong problem-solving skills and the ability to stay calm under challenging circumstances

  • Ability to handle multiple assignments simultaneously, with effective resolution of conflicting priorities

  • Ability to thrive in a fast-paced, changing environment and matrixed organisation

  • Flexibility to work with colleagues in Europe, the United States and Asia and accommodate calls and deadlines aligned to their time zones

**We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our Benefits:

At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.

Who We Are:

Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion 

PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law.  In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities.  If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at [email protected].  

Belonging at PayPal: 

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

PayPal

Website: https://www.paypal.com/

Headquarter Location: San Jose, California, United States

Employee Count: 10001+

Year Founded: 1998

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: E-Commerce Platforms ⋅ FinTech ⋅ Mobile Payments ⋅ Transaction Processing